Policy needs to catch up with planning #Toronto. @globalsiteplans

Policy needs to catch up with planning #Toronto. @globalsiteplans

In Scarborough, Toronto’s east end, a three-bedroom house will cost almost the same to buy as a two-bedroom condominium apartment . It isn’t difficult to guess which most home buyers might choose. Toronto’s Official Plan is to increase density in the city through mid-rise construction along designated avenues – arterial roads that could accommodate and become more vibrant with intensification. The challenge for Toronto is how to achieve this density in these “inner suburb” neighbourhoods in a market-driven economy where the market still favors larger homes. This is where policy needs to catch up to planning . Where can the city and the province look to try to achieve their goals? Municipal finance and provincial building codes are two areas. In Toronto , a significant revenue stream is generated from development charges. A development charge is levied on new development to...

Full article: http://sustainablecitiescollective.com/global-site-plans-...

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